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David Feldman Show

Trump's Very First Criminal Trial Begins/ News April 16, 2024 #1539

David Feldman Show

David Feldman

Politics, Comedy, News

4.7992 Ratings

🗓️ 16 April 2024

⏱️ 70 minutes

🧾️ Download transcript

Summary

David does The News.

Transcript

Click on a timestamp to play from that location

0:00.0

All right, we can do this. We can do it, short and sweet tonight.

0:07.0

Hi, shares in Trump media plunge more than 18% on Monday, closing at $26.63.

0:16.8

Donald Trump's truth social stock has lost 60% of its market value since March 26, right around the time it began trading on

0:27.1

the NASDAQ and his Magamorens had an opportunity to buy in. The stock tumbled after Trump media told the

0:38.0

SEC yesterday it's planning to issue close to 170 million more shares of the company which would raise

0:45.8

much-needed capital while at the same time diluting the value of the shares

0:51.0

that have already been sold to these mega morons.

0:54.9

You see, the more shares of the company being sold, that means less value a single share

1:00.5

has.

1:01.5

Well, I get all my financial advice from John Ross and he says,

1:07.0

now is the time for MAGA morons to swoop in and let it all ride on Trump media and that's what I would do if I were

1:18.4

Trump supporter. I mean the guy was president of the United States.

1:23.4

There's just no way this stock can go down any lower

1:28.5

than it already has.

1:30.4

You know, they always say you should buy a stock

1:32.4

when its price to earnings ratio is low

1:35.5

You know that means it's undervalued. Well I looked at Trump media and it has a PE of

1:42.4

negative 45. It has a PE of negative 45. I mean that's crazy

1:48.7

undervalued. Sure it lost 54 million dollars last year and it shows no sign of ever turning a profit

1:57.5

but it's Donald Trump's company okay he was president of the United States. Don't listen to me, listen to my friend John

2:06.8

Ross. He says buying Trump media is safer than buying a Treasury bond.

2:14.4

What is safer than a Treasury bond?

...

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